The highest and best use for Yesterday’s Hotel lies in repositioning this historic property into a sustainable, high-yield residential hybrid. With approximately 31,000 square feet of usable space across five floors, the building offers substantial flexibility for adaptive reuse at an attractive acquisition basis of roughly $27 per square foot, creating immediate upside for the right operator.
Through efficient reconfiguration and strategic adaptive reuse, Yesterday’s Hotel can evolve into a sustainable, high-yield residential asset that balances community revitalization with strong investor returns. By giving every unit its own private bathroom, integrating kitchenettes, activating the restaurant and ballroom for ancillary income, and leveraging USDA financing and Opportunity Zone benefits, this property offers a unique combination of stability, scalability, and tax efficiency. For the right operator, it represents a rare opportunity to build generational cash flow with minimal downside in a protected rural market.